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Does Expedia hold any bitcoin reserves? Do they interact with bitcoin at all? Nope. They let someone else do it and just accept real money.
by malloreon 12y ago
Does Expedia hold any bitcoin reserves? Do they interact with bitcoin at all?
Nope. They let someone else do it and just accept real money.
- codyb 12y agoThat's okay though. As bitcoin proliferates large businesses will eventually start cutting out the middle man. But currently, with the drastic swings, it's not a sound economic move (especially publicly owned) to actually have holdings in bitcoin. It requires infrastructure for cash exchanges too. Is Expedia going to pay its dividends with its bitcoin reserves? Not yet!
- Mangalor 12y agoCoinbase will likely have to keep more reserves though to compensate with the new business.
- dustcoin 12y agoOverstock keeps 10% of bitcoin sales in bitcoin: http://www.reddit.com/r/tabled/comments/24knns/table_iama_im_patrick_byrne_a_profreedom/ http://www.reddit.com/r/tabled/comments/24knns/table_iama_im...